Post
Topic
Board Altcoin Discussion
Re: Altcoins profits or bank profits, which best?
by
Troytech
on 04/03/2024, 01:05:03 UTC
Bank investors have more certainty because there capital is completely safe but they give 8-10% annual profits to the investors of per year. But it is comparatively less in terms of profits.

On the other hand you will get constant profits from crypto as if you are experienced in trading then daily profits is possible. Otherwise you can get profits by investing. However crypto investment puts your capital at greater risk (main point).
Trading would still be risky either as a professional or as a newbie, so don't try to even the odds of both as tho there is a safe choice with trading.

Hmm interesting topic OP got me thinking for a while, I think ild still go with altcoins profits not off trading bit rather off investing, apart from bitcoin, ethereum and bnb seem to be getting affected by the bull and either way there are quite trusted altcoins that we can trust even tho I know anything could happen it's still better than keeping money in the bank and taking 10% annually while my value is getting decreased everyday due to inflation of fait, fiat is only good for exchanging goods and services and it serves well as a temporary store of value but not quite well as an investment.